Ambassadorj

LTCUSD: 1W BB looking good for start of up-trend. LONG!

Long
COINBASE:LTCUSD   Litecoin / U.S. Dollar
As above.
BB squeeze on 1W looks like it is breaking UP a few weeks sooner than I thought. News sells if you have been paying attention last week. Bears capitulated in a big way this weekend and could facilitate a good set up for much higher LTC price action once bull volume increases.
3D MACD has also just crossed up above the zero line in the last two days, which is usually long term bullish .
Decent support at 45-48$ range for LTC currently.
Decrease BTC dominance is certainly helping and ETH also leading the way of ATLs along with LTC in this current up-trend. LTCBTC looking like it wants to take off too.
Next target most-likely around $52-54ish level.

Good luck traders.

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